https://www.taxtmi.com/caselaws?id=273281 The Tribunal dismissed the Revenue's appeal, upholding the rejection of entity level Transfer Pricing adjustment in favor of transaction level adjustments with Associated Enterprises. It condoned the delayed filing of the assessee's Cross objection, allowed the benefit of the proviso to Sec. 92C, disallowed the loan written off, and directed reevaluation of brought forward losses treatment. The decision provided detailed analysis and directions, affirming some aspects while requiring further assessment in others. en-us Fri, 17 Jul 2015 00:00:00 +0530 Fri, 15 Jun 2018 07:20:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273281 The Tribunal dismissed the Revenue's appeal, upholding the rejection of entity level Transfer Pricing adjustment in favor of transaction level adjustments with Associated Enterprises. It condoned the delayed filing of the assessee's Cross objection, allowed the benefit of the proviso to Sec. 92C, disallowed the loan written off, and directed reevaluation of brought forward losses treatment. The decision provided detailed analysis and directions, affirming some aspects while requiring further assessment in others. Case-Laws Income Tax Fri, 17 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273281